05:38 AM EST, 02/11/2025 (MT Newswires) -- BP (BP) reported Tuesday Q4 underlying replacement cost profit of $0.44 per American depositary share, down from $1.07 per share a year earlier.

Revenue for the quarter ended Dec. 31 was $48.09 billion, down from $52.59 billion a year earlier.

Analysts polled by FactSet expected $48.91 billion.

For 2025, the company expects upstream production and underlying upstream production to decline slightly from 2024 levels.